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Operationsby StaffDecember 28, 2006

Private Equity Funds to Buy ADESA Auction for $2.5 Billion

NEW YORK – Vehicle auction company, ADESA Inc., will be acquired by a group of private equity funds for roughly $2.5 billion.

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Operationsby StaffDecember 21, 2006

Manheim DRIVE Center Hosts First-Ever "Hundred Grander" Sale

ATLANTA ­­­­– Manheim DRIVE Center hosted its inaugural “Hundred Grander” sale Dec. 12, 2006, featuring more than 35 vehicles from consignors, including Maserati North America and BMW North America, valued at above $100,000 each.

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Operationsby StaffDecember 21, 2006

Kontos: Used-Vehicle Sales to Remain Soft into 2007

CARMEL, IN - The used-vehicle market lost some momentum in November.

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Operationsby StaffDecember 21, 2006

Agenda Set, Registration Open for 2007 Conference of Automotive Remarketing

TORRANCE, CA – The 12th Annual Conference of Automotive Remarketing (CAR) will be held Feb. 28 - March 1, 2007, at Caesars Palace in Las Vegas.

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Operationsby StaffDecember 20, 2006

ADESA Promotes Mappes to Director of Dealer Sales

CARMEL, IN – ADESA, Inc. has promoted Joe Mappes to director of dealer sales, effective Dec. 4, 2006.

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Operationsby StaffDecember 20, 2006

Manheim Realigns Sales & Service Organization

ATLANTA – Manheim has realigned its sales and service teams to create an organization more focused on meeting the changing needs of its customer groups. The realignment is designed to provide more targeted expertise, service, and support to its customers while offering business solutions that meet their individual needs.

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Operationsby StaffDecember 12, 2006

Save the Date for the 2007 Conference of Automotive Remarketing & IARA Winter Roundtable Series Meeting

TORRANCE, CA – The 12th Annual Conference of Automotive Remarketing (CAR) will be held Feb. 28 - March 1, 2007, at Caesars Palace in Las Vegas.

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Operationsby StaffDecember 12, 2006

GM Certified Used Vehicles Offers Special Financing on Select GM Full-Size SUV Models

DETROIT – GM Certified Used Vehicles has announced a limited-time, nationwide GMAC rate incentive program on select full-size General Motors SUVs.

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Operationsby StaffDecember 12, 2006

PHH Arval Adds Black Book Data to PHH InterActive

SPARKS, MD – PHH Arval has integrated Black Book Value Guide data within PHH InterActive, the company's secure, clients-only information management system.

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Operationsby StaffDecember 12, 2006

Chrysler Group Posts Record Highs for November 2006 Certified Pre-Owned Vehicle (CPOV) Sales

AUBURN HILLS, MI – Chrysler Group reported that its Five Star dealers posted a November 2006 sales record of 9,457 Certified Pre-owned Vehicle (CPOV) units, rising 10 percent from November 2005 sales.

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